ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN (CEFD) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CEFD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CEFD
CEFD charges 0.95% annually. There are 50 ETFs in the Diversified Portfolio category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify US Equity PLUS Managed Futures Strategy E... | 0.10% | 138.08M | Dec 2025 | CEFD vs CTAP | |
| iShares Core 80/20 Aggressive Allocation ETF | 0.15% | 3.19B | Nov 2008 | CEFD vs AOA | |
| iShares Core 30/70 Conservative Allocation ETF | 0.15% | 781.58M | Nov 2008 | CEFD vs AOK | |
| iShares Core 60/40 Balanced Allocation ETF | 0.15% | 3.64B | Nov 2008 | CEFD vs AOR | |
| iShares ESG Aware Aggressive Allocation ETF | 0.18% | 36.94M | Jun 2020 | CEFD vs EAOA |
Best Risk-Adjusted Alternatives to CEFD
CEFD has a PortfoliosLab risk / return rank of 36. There are 56 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 92 | 1.72B | Jun 2023 | CEFD vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | 88 | 145.17M | Nov 2022 | CEFD vs HIDE | |
| iShares Morningstar Multi-Asset Income ETF | 87 | 125.24M | Apr 2012 | CEFD vs IYLD | |
| Avantis Moderate Allocation ETF | 87 | 82.33M | Jun 2023 | CEFD vs AVMA | |
| First Trust Multi-Asset Diversified Income Index F... | 86 | 429.28M | Aug 2012 | CEFD vs MDIV |
Top Performing CEFD Alternatives (YTD)
CEFD is at 6.68% YTD. There are 35 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 28.07%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 28.07% | 16.56M | Nov 2021 | CEFD vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 18.97% | 53.61M | May 2021 | CEFD vs NTSE | |
| Pacer Trendpilot International ETF | 16.34% | 181.50M | May 2019 | CEFD vs PTIN | |
| Invesco Zacks Multi-Asset Income ETF | 15.51% | 124.41M | Sep 2006 | CEFD vs CVY | |
| Myriad Dynamic Asset Allocation ETF | 14.47% | 444.94M | Oct 2025 | CEFD vs MDAA |
Lowest Volatility Alternatives to CEFD
CEFD has 13.68% 1-year volatility. There are 56 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Real Assets Allocation Index Fund | 0.00% | 7.49M | Nov 2015 | CEFD vs ASET | |
| Prospera Income ETF | 2.88% | 2.20M | Sep 2025 | CEFD vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.33% | 98.51M | Aug 2014 | CEFD vs HISF | |
| Mindful Conservative ETF | 4.31% | 26.13M | Nov 2021 | CEFD vs MFUL | |
| Brookstone Yield ETF | 4.53% | 43.48M | Sep 2023 | CEFD vs BAMY |
Lowest Drawdown Alternatives to CEFD
CEFD has a 1-year max drawdown of -12.51%. There are 61 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -2.48%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Brookstone Yield ETF | -2.48% | 43.48M | Sep 2023 | CEFD vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 98.51M | Aug 2014 | CEFD vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.72B | Jun 2023 | CEFD vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | -3.31% | 145.17M | Nov 2022 | CEFD vs HIDE | |
| Mindful Conservative ETF | -3.36% | 26.13M | Nov 2021 | CEFD vs MFUL |
Other ETFs from UBS
The 10 most viewed UBS ETFs shown here include GLDI, SLVO, MLPR and span 10 categories. AUM among these funds goes as high as $392M.
Often Compared With CEFD
Investors most often compare CEFD with YYY, TSLX, PCEF. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare CEFD with Any Fund or Stock
Compare CEFD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CEFD with funds that move differently
ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CEFD.
Explore CEFD Diversifiers